Optical Spectrum Analyzer Market

2020 Analysis and Review: Optical Spectrum Analyzer Market by Product Type – Portable, Benchtop, and Handheld for 2020 – 2030

About the Report

Optical spectrum analyzer market is set to register growth at a positive pace between 2020 and 2030. While the unprecedented COVID-19 outbreak is currently posing threat, especially on account of decelerating demand from key end users such as the IT and telecommunication, aerospace, medical & healthcare, and others, growth for the most part will remain positive during the assessment period.

Future Market Insights (FMI) in a new study offers an unbiased analysis of the market highlighting challenges and uncovering hidden prospects across key regions, including North America, Latin America, Europe, and others. 


The optical spectrum analyzer (OSA) market is witnessing impressive growth owing to the surge in demand from the expanding IT & telecommunication industry. Optical spectrum analyzers are highly used in industry to measure the power of the spectrum of known and unknown signals. The multi-billion dollar worth IT & telecommunication industry is set to grow fast in the coming years, creating lucrative prospects for the expansion of the optical spectrum analyzer (OSA) market.

Spectrum analyzer being a precision instrument is used to measure optical spectra for further analysis and is highly required by the medical & healthcare industry. As the medical & healthcare industry is expanding fast, the demand for optical spectrum analyzers is increasing exponentially.

Optical spectrum analyzers also play a crucial role in energy & utilities industry. They are used for measuring optical power energy distribution over the wavelength domain. As the energy & utilities industry is growing steadily, the demand for optical spectrum analyzers is getting higher. According to Future Market Insights (FMI), the global optical spectrum analyzer market is anticipated to grow at 5.5% CAGR during the forecast period from the year 2020 to 2030.

Growth in IT & Telecommunication Industry Fuelling Demand

The telecommunications sector is expected to hold the largest share in OSA market. Recent advancements in the industry have significantly fuelled the demand for optical spectrum analyzer. Optical spectrum analyzers are highly efficient in measuring and displaying the distribution of power of optical sources over specified wavelength spans.  

The surging optics related applications, coupled with the rise in demand for wireless technologies, are spurring the growth of the market. Also, steered by the shift from conventional telecommunication infrastructure to fiber optic infrastructure, the market is set to witness high demand for fiber optic spectrum analyzer. According to FMI, lucrative prospects are on cards for the market especially since higher penetration of 5G in the future is set to increase the demand of OSA.

Optical spectrum analyzers are highly sought-after in the IT & telecommunication industry. Their application is especially high in manufacturing and on-field in order to ensure the quality of the optical devices and network. With rising digitization, the IT & telecommunication industry is expanding fast, which is projected to fuel the demand for optical spectrum analyzers in the near future.

Expanding Medical & Healthcare Industry

Optical spectrum analyzers are capable of obtaining wavelength emissions from LED sources, lasers, and laser diodes by Fast Fourier Transform (FFT) using a scanning Michelson interferometer in a push/pull arrangement.

Because of these exclusive properties, optical spectrum analyzers are used widely in optical devices such as fiber optic sensors & instruments, electro-optical instruments, optical sensors & instruments, Raman & fluorescence spectroscopy, and others.

With the advancement in medical & healthcare industry, it is being incorporated with cutting edge technologies and equipment, resulting in high demand for the optical spectrum analyzers around the world.

Key Challenges

Optical spectrum analyzers are costly and require experts for proper installation and use. Also, they have a high maintenance cost, which often works as restraint to growth.

Additionally, optical spectrum analyzers have a few disadvantages such as swept type can detect only Continuous Wave or Continuous Waveforms (CW) signals without any phase informations, FFT is not capable of working in higher radio frequencies due to limitations in sampling rate of Analog to Digital Converter (ADC), and others. These drawbacks often curtail sales prospects for the market.

Furthermore, the outbreak of novel coronavirus has resulted in declining growth of the optical spectrum analyzer market due to various factors such as decrease in demand, indefinite shut down of various manufacturing hubs during lock down, financial constraints, and others.

Despite having difficulties due to the restraints, the market has high potential and is likely to exhibit steady growth over the assessment period.

Region-Wise Analysis

North America Optical Spectrum Analyzer Market

North America is presently leading in the global market and is anticipated to remain at the top through the forecast period. The expansion of the IT & telecommunication industry, coupled with the presence of well-developed manufacturing units, is propelling the growth in North America.

The growing adoption of 5G network connectivity is increasing the demand for optical spectrum analyzers in the region. The surging sales smartphones in cities such as the U.S, Canada, and others are bolstering the growth of the North America market.

According to FMI, the U.S is expected to emerge dominant during the forecast period spurring the growth of North America market.

Request a sample specific to North America market

East Asia Optical Spectrum Analyzer Market

East Asia is the second leading market for optical spectrum analyzers and is expected to exhibit steady growth in the near future. The presence of well-developed and high number of manufacturing units and increase in demand are driving the East Asia market.

Highly developed energy & utilities industry in countries such as China, Japan, North Korea, and others are propelling the growth of the East Asia market.

Benchtop optical spectrum analyzers are gaining rapid traction in the East Asia market due to high demand from end users such as medical & healthcare, IT & telecommunication, energy & utilities, aerospace, and other industries. China is expected to emerge dominant in the East Asia market in the coming years.

Request a sample specific to East Asia market

South Asia Optical Spectrum Analyzer Market

South Asia has emerged as a lucrative in optical spectrum analyzer market. The increasing usage of smartphones and 5G network services in the countries such as India, Nepal, Bhutan, and others is boosting the South Asia market.

India has registered the highest data usage (over 9.5 GB) per phone in the world which is expected to double in the coming years. Factors such as cheap data tariffs, expansion of product lines, and others are expected to drive the South Asia market.

Category-wise Insights

Portable Optical Spectrum Analyzer Emerges Dominant

Presently, portable optical spectrum analyzer is dominating in the market in terms of product type. Portable optical spectrum analyzers are cost-effective and can easily scan, locate, and classify the required signals in the field of environment.

Portable analyzers being highly preferred as test tool for nearly all forms of fiber and radio optic communication, are widely used by end users such as IT & telecommunication, medical & healthcare, and others.

Portable optical spectrum analyzers also are widely used for quantifying signal behavior by frequency and analyzing spectrum to create the visibility to unlock the potential of 5G wireless.

Wavelength Meter Mode to Maintain the Lead

Wavelength meter mode is the dominating among mode types in the market and is expected to remain in the position throughout the forecast period.

Wavelength meter mode can precisely measure wavelengths on laser beams hence is witnessing high demand among the various end users starting from IT to semiconductor & electronics.

With the incorporation of advanced display and software features, this mode can work more efficiently in detecting and displaying wavelength, wave number, and optical frequency values. As a result this mode type is highly demanded in diverse applications such as medical devices testing, 5G network connectivity, and others all over the world.

Competitive Landscape

the Key market players are emphasizing on the launching more advanced products in higher quantities to capitalize on existing opportunities in the market.

For instance, Finsar Corporation has launched their new WaveAnalyzer™ 1500S Optical Spectrum Analyzer which is a real-time, very-high-resolution optical spectrum analyzer for Research & Development (R&D) and production test applications in the current year.

VeEX has launched their new FX180 Micro Optical Spectrum Analyzer for CWDM or DWDM Fiber Network Testing which measures key parameters such as wavelength, channel power, drift, and Optical Signal-to-Noise Ratio (OSNR).

Some of the key market players are-

  • Yokogawa Corporation
  • Anritsu
  • Viavi Soultions, Inc.
  • AMS Technologies
  • Finsar Corporation
  • Thorlabs
  • Optoplex Corporation
  • VeEX
  • New Ridge Technologies
  • Apex Technologies
  • Aragon Photonics
  • Timbercon

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report

Optical Spectrum Analyzer Market Report: Scope



Forecast Period


Historical Data Available for


Market Analysis

USD Million for value , units for volume

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania Middle East & Africa


Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Poland, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa

Key Segments Covered

Product Type, Mode Type, End Use, and Region

Key Companies Profiled

  • Yokogawa Corporation
  • Anritsu
  • Viavi Soultions, Inc.
  • AMS Technologies
  • Finsar Corporation
  • Thorlabs
  • Optoplex Corporation
  • VeEX
  • New Ridge Technologies
  • Apex Technologies
  • Aragon Photonics
  • Timbercon

Report Coverage

Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Key Questions Answered by the Report

  • At what CAGR is the optical spectrum analyzer market expected to grow?

    According to Future Market Insights (FMI), the optical spectrum analyzer market is anticipated to grow at 5.5% CAGR during the forecast period from year 2020 to 2030.

  • Which are the top companies in optical spectrum analyzer market?

    Some of the top companies in market are Thorlabs, Optoplex Corporation, VeEX, New Ridge Technologies, Apex Technologies, and others.

  • Which category of optical spectrum analyzer is highly sought-after?

    Portable optical spectrum analyzer is the most lucrative segment among product types and is anticipated to maintain the lead throughout the forecast period.

  • How are companies planning to gain competitive edge in optical spectrum analyzer market?

    With competition getting tougher, key market players are focusing on developing more advanced and cost-effective products to target diverse end users.

  • Which is the largest market for optical spectrum analyzer?

    North America is the largest market for optical spectrum analyzer followed by East Asia and South Asia.

  • Which mode type of optical spectrum analyzer is currently leading in the market?

    Wavelength meter mode is increasingly preferred for various applications within the market.

Enquiry before Buying

  • Is this research conducted by Future Market Insights?

    Yes, the research has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to research analyst.

  • What research methodology is followed by FMI?

    FMI follows a methodology that encompasses demand side assessment of the market, and triangulates the same through supply side analysis. This methodology is based on use of standard market structure, methods and definitions Request detailed methodology

  • Who are the respondents for primary research?

    FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.

  • What are the sources of secondary research?

    FMI conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request

  • Is a sample of this report available for evaluation?

    Yes, you can request a sample and it will be sent to you through an email.

  • How can I buy this report?

    FMI provides a secure online payment system to buy report seamlessly. You can buy the report securely and safely.

Key Segments

Product Type

  • Portable
  • Benchtop
  • Handheld

Mode Type

  • Spectrometer Mode
  • Wavelength Meter Mode

End Use

  • IT & Telecommunication
  • Medical & Healthcare
  • Energy & Utilities
  • Automotive
  • Institutions
  • Aerospace & Defence
  • Semiconductors & Electronics


  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Middle East and Africa
  • Japan

Need specific information?

In the news

How Businesses Can Utilize Market Research to Create Reactive, Recession-proof Strategies for Survival

by - Sudip Saha, Managing Director and Co-Founder of Future Market Insights

Our Clients

View Our Reports from Industrial Automation

View Reports


Optical Spectrum Analyzer Market